Oao Archangel Trawler Fleet News

Dmitry Medvedev, Prime Minister of the Russian Federation has approved the sale of 100% of the shares of OAO Archangel Trawler Fleet, reports Russia's 'Arctic-Info'. Citing the Federal Agency for State Property Management, Arctic-Info reports that Archangel Trawler Fleet was owned by the state, and was sold to private company Wirma, which is one of the largest fishing enterprises in the North-Western Federal District. During public auction, Wirma offered to buy the trawler fleet at 2.2 billion rubles instead of the initial amount of 1.82 billion.